This orthopedic group has seven locations throughout Texas and is comprised of 27 orthopedic partners. The group hired CMAC to assist in refinancing multiple high rate loans that were scheduled to come due in the next couple years. The executive team had concerns about refinancing at a later date in a higher interest rate environment. The major hurdles on this project were to overcome a low appraisal and the negative value of an interest rate swap. CMAC was able to obtain financing at 115% LTV on a 7 year term at 2.95% from a regional bank. The new loan structure created long term security and a significant cash flow savings.